Not to mention the issues that face the Scanadanvin countries and their current model of Socialism. The biggest being Immigration and the polarizing effect it has had on the people. Their systems work because everyone buys into it and honor the system. Abuse of the system from new immigrants will force it to change and may force an extreme anti-immigrant movement (see Brevik, Anders ).
It also helps when you are a small country and can pop all the required systems into a few population centers. That is not practical in the spread out populations of Canada and the US. I think we will find in the coming years that the Canadian model is the best equipped to handle the financial crisis.
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